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$765,000

NAL Estimated Property Value

3619 Rickshaw Dr, Dallas, TX, 75229

$994,500 ARVInfo
Off MarketInfo
Beds12 Beds
Baths12 Bath
Baths6,668 Sq Ft
QuadruplexQuadruplex
price_per_sqft$114.73 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 12Bedrooms 12
Bathrooms Full 8Bathrooms Full 8
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Range, Refrigerator, Washer
FlooringCarpet, Tile, Varies

Exterior

Lot Size9,120 sqft

Building Information

Year Built1959
Stories2
Roof Type105
Garage Spaces3

Land Information

APN00000586366000000
Lot Number14
SubdivisionWalnut Gardens
Land UseResidential
Legal DescriptionWALNUT GARDENS BLK 8/6426 LOT 14 RICKSHAW DR INT200600354049 DD09202006 CO-DC 6426 008 01400 1006426 008
Census Tract009702
Assessed Land Value$180,000
Assessed Improvement Value$585,000
Assessment Year2025

About this property

Outstanding opportunity to own a well-maintained, income-producing 4-unit property in Northwest Dallas. Each spacious townhome-style unit offers approx. 1,667 sq ft with 3 bedrooms, 2 full baths, 1 half bath, generous living and dining areas, and large walk-in closets in the primary suites. Private fenced patios extend the living space and enhance tenant appeal. The property provides 8 total parking spaces—4 covered and 4 uncovered—with each unit enjoying one covered and one uncovered space (unassigned). All appliances are owned by the seller and convey, offering a turnkey advantage for investors. Significant improvements were completed between 2019 and 2020, including newer siding, windows, and roof, along with HVAC compressors. Kitchens and bathrooms in units 3619 and 3625 were fully updated, adding immediate rental appeal and long-term value. Four long-term tenants are in place, with current leases renewed through 2026 and 2027, providing stable cash flow. Tenants pay their own utilities except for water, sewer, and trash. Priced at $1,100,000 with a 5.5% cap rate, this asset presents strong performance and solid upside in one of Dallas’s high-demand rental corridors. Conveniently located near the DART Green Line at Walnut Hill-Denton Station and close to 635, I-35E, Northwest Hwy, and Love Field, the property attracts renters seeking easy access across the metroplex. A rare opportunity to acquire a well-positioned, updated multifamily asset with dependable income and excellent proximity to major transportation, employment hubs, and retail. INCOME, EXPENSES AND LEASE RATES POSTED IN MLS ARE THE ACTUAL NUMBERS FOR THIS PROPERTY. For more interior images, reference lease listings at MLS numbers: 13964823,14374443, and 14374435

Investor Tools

Property Icon
$765,000
Estimated Property Value
$741,928Estimated Mortgage Balance
$23,072Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$994,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,744/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,098
$765,000
2025
$180,000
$585,000
$765,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,098
$765,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$746,250
No
First
Jan 30, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$741,928
$23,072
3%
97%
$4,475/mo

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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3619 Rickshaw Dr | Property Details | No Agent List